Not against this business model as long as there is some way for me to make sure that whatever I'm hosting there is under my control and the website doesn't go bust 12 months later.
As such, I'd be more keen on paying if this would be controlled and managed by us, the payers. If it goes down and it was free, well, it's what you can reasonably expect from Free. If it goes down and I've paid for it, I'm going to be rather frustrated.